Sunday, April 26, 2009

On February 15, 2006, Jeffrey Prince at Citi said: "Valuing a CDO is much like valuing a house". Does that mean you get a crooked appraiser and start building a pyramid by ramping up inter-bank sales of CDO's. I leave you with an interesting read for a Sunday and maybe modivation to send our little wiz-kid Jeffrey an email.....

"EVERY PIECE OF REAL ESTATE IN THE WORLD IS MORTGAGED 110% (using Carleton Sheets "No money down" program) THERE IS NO OUTRIGHT OWNERSHIP, WE ARE ALL GOING TO DIE, THE SKY IS FALLING".

"The unprecedented economic deterioration and the resulting epic drop in commercial real estate values quite possibly could result in over $300 trillion US Dollars in upcoming headaches for financial institutions, investors and the administration." Someone is having another Panic attack.

As the Global Economic Depression tightens it's grip on the outposts of this world the shift in power begins.

Clinton, in an interview with Fox News last night in Baghdad, said the U.S. cannot “let this go on any further, which is why we’re pushing so hard for the Pakistanis to come together around a strategy to take their country back.”

Saturday, April 25, 2009

Does the government have some plan to make us live in fear. Fear of leaving our homes during the pending collapse of our economy because we might be exposed to the deadly airborn virus that they released into the general population? Is this their version of riot control?

Baxter International is deeply involved in U.S. politics. See Wildepedia 'Baxter International', and its links to Rockefeller, Nixon, Rumsfeld, China. Note there is no public statement on who founded the company in 1931.

It is impossible to 'accidentally' combine bird, pig and human viruses; then 'accidentally' send that virus to 18 countries, as Baxter did. Baxter owns the only U.S. approved vaccine for 'bird flu', something that has never been combined with human flu...until Baxter 'accidentally' unleashed it.

The Tin Foil Hat Club needs more members. If you're a big fan of ZerosHedge you'll love our site as we discuss skyfalling theories, Tin Foil RF radiation intensity, quant robot world domination algorithms, and more. So stay tuned and join the club.